Sacramento, California

Maloof family and Sacramento investors reach deal for Kings

2 days ago

After absorbing debt associated with the franchise - including the repayment of a $64 million loan the team owes the city of Sacramento - Ranadive would pay roughly $200 million for the Maloof...

Report says Kings sale is done

2 days ago

Stern said Sacramento kept the Kings in part because the advantage went to "the incumbent."

Report: Maloofs, Sacramento group agree

2 days ago

The Sacramento Bee announced Thursday the Maloofs completed the sale to the investment grouped headed by Vivek Ranadive for a record $535 million.

Kings still have some unfinished business

2 days ago

Sacramento mayor Kevin Johnson said Thursday he thinks that will soon be settled, and that the team will be sold to a local ownership group led by Vivek Ranadive.

NBA owners vote in Dallas to keep Kings in Sacramento

2 days ago

"NBA Commissioner David Stern seemed resigned to the fact that if the negotiations were like comparing apples to apples, then there was no reason for the Kings to leave Sacramento.

NBA Board of Governors denies relocation bid to move Kings to Seattle

3 days ago

With a deal to move the Sacramento Kings to Seattle struck down by the NBA on Wednesday, the focus now turns to an effort by a Sacramento-based group to buy the franchise from the Maloof family.

Owners reject Sacramento Kings' move to Seattle

3 days ago

The former All-Star guard didn't want to celebrate at the expense of Seattle after league owners voted Wednesday to reject, once and for all, an aggressive bid to move the Sacramento Kings.

NBA gives 'advantage to the incumbent,' Mayor Kevin Johnson and Sacramento

3 days ago

However, the Maloof family could still keep the team or sell to a Sacramento group, or even possibly broker a deal in which Hansen would become a limited partner.

Kings to remain in Sacramento | Dallas-Fort Worth Sports News - Sports News on...

3 days ago

"We think that now because the Maloofs have been overall good for Sacramento and the NBA, they will be motivated to do something fast so the franchise can get cranking.

Seattle not in the game for Kings

3 days ago

However, a feverish rally in Sacramento the past five months that included the assembly of an ownership group and the culmination of downtown arena deal with the city proved to be Seattle's undoing.

Sad day in Seattle as NBA votes in Sacramento's favor

3 days ago

Sad day in Seattle as NBA votes in Sacramento's favor

Ailene Voisin: Now that Kings are staying, time to get a hometown deal done

3 days ago

In the afternoon, while rain pelted the hotel where the owners convened to determine the Kings' future, the Sacramento entourage pitched a near perfect storm of a presentation.

Jerry Brewer: Fight over Sacramento Kings is about entitlement

5 days ago

As fascinating and flummoxing and filthy as the Seattle/Sacramento saga has been, the conflict at the core of this debacle remains relevant despite the theatrics on both sides.

Sources: NBA panel declines to take another vote on Kings

5 days ago

Sacramento's effort, meanwhile, has worked in tandem with the NBA office and Commissioner David Stern, who has made it clear his desire is that the team stay in Sacramento.

Jerry Brewer: NBA can only lose in battle for Kings

5 days ago

As fascinating and flummoxing and filthy as the Seattle/Sacramento saga has been, the conflict at the core of this debacle remains relevant despite the theatrics on both sides.

Ailene Voisin: NBA needs to stand firm in Kings drama

5 days ago

The board of governors' decision Wednesday will be a referendum on Sacramento and, in some respects, on the future of professional sports.

NBA panel to weight latest twists in Kings saga, reports say

6 days ago

"Predictably, Hansen's weekend moves were widely criticized in Sacramento, especially the new deal with the Maloofs, who are said to want to sell the team only to the Seattle group.

Kings owners will sell stake to Seattle group if full sale fails

7 days ago

The current owners of the Sacramento Kings have told their fellow NBA owners that they will not sell the team if a deal with a Seattle group to sell and relocate the team is not approved.

Report: Maloofs won't sell to Sacramento group

7 days ago

The Maloof family is reportedly threatening not to sell the Kings to the group that wants to keep the team in Sacramento.

AP Source: Hansen adds backup offer to Kings sale

7 days ago

If the NBA Board of Governors denies the pending sale and relocation of the Sacramento Kings, the Seattle group seeking to purchase the franchise has a backup deal with the Maloof family.

Hansen ups offer to buy Kings by $75 million

8 days ago

"This was always about whether Sacramento, a community that has supported the NBA for 28 years, can put together a plan and organization to ensure the franchise can rebuild and thrive.

Hansen increases bid for Kings to $625 million

9 days ago

Chris Hansen has increased his total valuation of the Sacramento Kings from $550 million to $625 million in another attempt to sway NBA owners to allow him to buy the franchise and move it to...

NBA panel to take final vote on Kings on May 15 in Dallas

12 days ago

Sacramento's compromise surely helped win over NBA owners who would have been concerned about losing money out of their own pocket by voting to keep the team in Sacramento.

Expansion not an option, according to NBA

13 days ago

It seems like such an easy solution to a complex and increasingly contentious problem: Why not let Sacramento keep the Kings and give Seattle an expansion franchise?

Sacramento group puts 50 percent of money in escrow

15 days ago

The suit reads in part that city manager John Shirey, mayor Kevin Johnson and others have conspired to provide a "secret subsidy" to the Sacramento investment group.

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